Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
VerifyMe, Inc. is a U.S.-based technology company that develops and provides solutions focused on brand protection, product authentication, and supply chain visibility. The company operates primarily at the intersection of digital authentication, anti-counterfeiting, and logistics analytics, serving brand owners and distributors that require enhanced product integrity and delivery assurance. Its business is oriented toward enterprise and commercial customers rather than consumers.
The company was founded in 2001 and has evolved from a mobile commerce and messaging technology provider into a company focused on authentication and logistics intelligence. This transition was driven by changes in mobile technology markets and was formalized through strategic divestitures and acquisitions, most notably the acquisition of PeriShip Global, LLC in 2019, which materially reshaped VerifyMe’s revenue base and operating focus.
Business Operations
VerifyMe operates through two primary business lines: Brand Protection and Authentication Solutions and PeriShip Logistics Intelligence Services. The brand protection business provides proprietary, covert and overt authentication technologies that enable brand owners to verify product authenticity, combat counterfeiting, and support product traceability. Revenue in this segment is generated through technology licensing, implementation services, and ongoing support arrangements.
The PeriShip subsidiary operates as a specialized logistics intelligence platform focused on perishable goods. PeriShip generates recurring revenue by providing real-time shipment monitoring, analytics, and risk management services for time- and temperature-sensitive products such as food and pharmaceuticals. Operations span both domestic and international shipping lanes, leveraging data integrations with major carriers and logistics providers rather than owning physical transportation assets.
Strategic Position & Investments
VerifyMe’s strategy centers on expanding recurring, service-based revenue while leveraging data and analytics to increase customer dependence on its platforms. The acquisition of PeriShip Global, LLC represents the company’s most significant strategic investment, shifting VerifyMe toward a more stable, services-driven revenue model compared to its earlier technology licensing focus.
The company continues to invest in enhancing its authentication technologies and integrating them with broader supply chain data systems. Management has indicated a focus on cross-selling brand protection services to logistics customers and vice versa, though publicly available disclosures indicate that PeriShip remains the dominant contributor to consolidated revenue. No other material acquisitions or equity investments have been disclosed in recent filings.
Geographic Footprint
VerifyMe is headquartered in the United States, with corporate offices in New York and Virginia. Through PeriShip, the company maintains an operational presence across North America, Europe, Asia, and Latin America, primarily through customer relationships and data integrations rather than owned facilities.
International exposure is driven by global shipping routes and multinational customers rather than direct foreign subsidiaries. As a result, the company’s geographic footprint is best characterized as globally operational but U.S.-centered in terms of management, governance, and reporting.
Leadership & Governance
VerifyMe is led by a management team with backgrounds in technology, logistics, and enterprise services. The company is publicly traded and governed by a board of directors responsible for strategic oversight and regulatory compliance.
Key executives include:
- Patrick White – Chief Executive Officer
- Adam Stanish – Chief Financial Officer
- Tom Connell – President, PeriShip Global
- Paul MacFadyen – Chief Technology Officer
Leadership has articulated a strategy focused on disciplined capital allocation, growth in recurring revenue, and leveraging data-driven services to strengthen long-term customer relationships, as reflected in public statements and disclosures in SEC filings.